General Science & Technology held its annual dealer meeting at the end of January. The company attracted hundreds of dealers to the event in Shanghai. Company chairman, Gu Cui (顾萃) told delegates that the Internet and e-commerce would transform the industry. GS is actively exploring this area. Source: Company announcement
Jiangsu General Science and Tech breaks ground on PCR plant
General Science & Technology held a ceremony to mark the start of construction of its new PCR factory. Company chairman, Gu Cui (顾萃) told the audience “we are about to enter a new stage.” Source: Company announcement
Is Shandong Fenglun the first ‘zombie’ closure
Further to our report in the 12 Feb issue, it is now being suggested that Shandong Fenglun Tyre Co., Ltd (山东风轮轮胎) has become an early casualty of the Shandong government’s drive to close ‘zombie’ tire makers. On 12 Feb we reported that the company was involved in a dispute with a supplier of carbon black
Wanli forges deal with Shanghai Lu Sheng Investment
On 26 Feb, Wanli Tires (South China Tire Co) signed a cooperation deal with Shanghai Lu Sheng Investment Co., Ltd. (上海陆晟投资股份有限公司), a tire and auto-parts dealer network. Lu Sheng reportedly has 110 fully-owned stores and a further 12,000 associated retail outlets and reports annual turnover of RMB10,000m The deal covers three aspects: Develop a new
Sentury holds tire launch day for Delinté dealers
On Feb 27th, Sentury’s Delinté brand held a dealer meeting in Shanghai in conjunction with the Shanghai Lu Sheng Investment Co., Ltd. (上海陆晟投资股份有限公司), a tire and auto-parts dealer network. Source: China Tire Dealer
Linglong launches winter tire in Heilongjiang Province
Linglong held its “new winter tire Seminar” in Wudalianchi, Heilongjiang Province. Tire distributors and media from Northeast, Inner Mongolia and Xinjiang province attended and experienced weather conditions from -15° to -30°, The company launched its “Green-Max winter ice” winter tires. Source: Linglong
Aoelus extends suspension of shares to restructure assets
On 3 March, Aeolus issued a statement saying that it is making progress on its asset restructuring. The company suspended its shares on 4 Feb for a maximum of 30 days saying the controlling shareholder, China National Chemical Rubber Co., Ltd., is planning a reorganisation of assets related to the company. On 24 Feb the
Aeolus selected KPIs for 2016 at leadership meeting
Aeolus held its annual leadership-debriefing meeting on Feb 29 at its Production operations control center. Company executives and key staff made onsite reports to the senior executives based on aspects of Job performance, Leadership Honesty and self-discipline, The reports also evaluated the leadership team’s work in accordance with “moral, ability, diligence, achievements and honest “.
Triangle to mark 40th anniversary
A long story from CRIA reports on progress at Triangle Tire ahead of its 40th birthday celebrations on 8 April. The report tracks recent developments at the company in glowing terms. Source: CRIA
DoubleStar working with insurer
DoubleStar has teamed up with Ping An Property Insurance in a cross-promotion to offer motorists insurance. Source: China Tire Dealer

